First verify the project’s public offering mechanisms, then rewrite according to the original intent to avoid repetitive piling-on. @standard_rsv’s permissioned whitelist now has an obvious value.
The first batch of the Genesis list has already been deployed, and competition has ramped up.
What the Standard Reserve wants to build is an on-chain “central bank.” The core currency is $STANDARD, and monetary policy depends on one thing only: whether ETH is net inflowing or net outflowing.
When ETH keeps flowing in, the system enters expansion: accelerate the issuance of $STANDARD, and use the revenue to buy tokenized gold, so the protocol piles up hard reserves for itself.
When ETH keeps flowing out, the system enters contraction: slow issuance, use protocol revenue to repurchase $STANDARD, and then directly burn it.
In one sentence:
Inflow → Expand issuance + hoard gold Outflow → Repurchase + burn
The other main thread is permissioned credentials and branches.
Only by obtaining a permissioned credential can you become a banker—and that corresponds to a specific branch. To open more branches, you must burn $STANDARD. The more branches you have, the higher the weight of the newly allocated issuance rights you’ll receive later.
So what you should truly watch isn’t the slogan, but this identity chain:
Permissioned whitelist → Permissioned credential → Banker → Branch → Subsequent allocation rights
The project is still early, but the mechanism is already written very clearly: early identity itself could be the key entry point for later participants.
The first batch of the Genesis list has already been deployed, and competition has ramped up.
What the Standard Reserve wants to build is an on-chain “central bank.” The core currency is $STANDARD, and monetary policy depends on one thing only: whether ETH is net inflowing or net outflowing.
When ETH keeps flowing in, the system enters expansion: accelerate the issuance of $STANDARD, and use the revenue to buy tokenized gold, so the protocol piles up hard reserves for itself.
When ETH keeps flowing out, the system enters contraction: slow issuance, use protocol revenue to repurchase $STANDARD, and then directly burn it.
In one sentence:
Inflow → Expand issuance + hoard gold Outflow → Repurchase + burn
The other main thread is permissioned credentials and branches.
Only by obtaining a permissioned credential can you become a banker—and that corresponds to a specific branch. To open more branches, you must burn $STANDARD. The more branches you have, the higher the weight of the newly allocated issuance rights you’ll receive later.
So what you should truly watch isn’t the slogan, but this identity chain:
Permissioned whitelist → Permissioned credential → Banker → Branch → Subsequent allocation rights
The project is still early, but the mechanism is already written very clearly: early identity itself could be the key entry point for later participants.
